Philippines
BSP approves releasable capital buffer to keep lending in downturns
BSP approves releasable capital buffer to keep lending in downturns
The PN-CCyB designates 1.5% of banks’ CET1 as a releasable buffer.
1 day ago
Philippine banks face slower loans and rising credit costs in 2026
The Middle East war and an earlier graft scandal is weighing on loan demand, says CreditSights.
3 days ago
UnionBank enables real-time cash deposits at 2,100 ECPay kiosks
The 2,100 ECPay kiosks can deposit up to $161 per transaction.
4 days ago
Philippine cash remittances up 2.8% to $8.68b in Q1
The US remains the top source of cash remittance.
Philippine bank lending accelerates to 10.7% in March on business demand
Consumer loans grew at a slightly slower pace on less motor vehicle and salary loans.
Philippine bank lending surges 11.7% to $281b by end-2025
Loan loss coverage ratio coverage is 97.2%.
BDO Unibank’s net income up 6% to $1.42b in 2025
The bank said it is cautiously optimistic despite ongoing headwinds.
Union Bank of the Philippines’ net income doubles to $62.69m in Q1
It noted some trading losses associated with the Iran conflict, however.
Finance sector cements dominance over Philippines ICT market
GlobalData says the sector will hold the top end use position through 2029.
Atome Philippines partners with Bayad to enable in-app bill payments
Users can pay their water, electricity, and internet bills, amongst others.
Philippine loan relief helps banks avoid NPL spike despite profit hit
Credit losses remain elevated.
Philippines flags financial gaps as 48% lack emergency buffer
The majority claim financial awareness, yet many show a disconnect in capability.
ING's Philippine leaders advance AI strategy with sustainability focus
ING maintains a clear position that its AI strategy is grounded in responsibility and sustainability.
BSP offers loan relief measures to ease energy price pressures
The BSP also asked FIs to temporarily suspend online banking and e-money service fees and charges.
Philippine Business Bank’s net income rise to $31.7m in 2025 on higher interest income
PBB expects the operating environment to remain challenging in the coming months
The Philippines and UAE move to connect instant payment systems
They also floated plans to connect card switches and messaging systems in the future.
DBP with ‘stable’ outlook on expected healthy PH economic growth: S&P
It is “almost certain” to receive support from the government if needed.
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